Refunds from crypto scammers

How to Recover Money Sent to a Fraudulent Crypto Wallet?

Cryptocurrency fraud can take many forms. You may have invested in a project that initially seemed promising, only to have the broker disappear without a trace. Or perhaps you paid for a service in cryptocurrency, but the provider vanished along with your funds.

While cryptocurrency transactions are generally irreversible, there are ways to increase your chances of recovering your money.

Can You Get Your Funds Back?

Recovering funds is possible if:

✔️ The payment was made via a bank card or payment system, allowing for a chargeback request.
✔️ The funds were transferred to a regulated exchange or a KYC-compliant platform, where the recipient’s identity can be traced.
✔️ There is legal ground to file a claim against the individual or company that received the funds.

If the payment was sent to an anonymous crypto wallet, the process is more complicated, but legal and forensic tracking methods can still help identify the recipient.

Steps to Recover Cryptocurrency

1️⃣ Gather Evidence

• Save all correspondence with the fraudster.
• Collect transaction details, including wallet addresses and TXID (transaction hash).
• Keep bank statements, invoices, and any signed agreements.
• Capture screenshots of the fraudulent website or platform before it disappears.

2️⃣ Request a Chargeback (If Paid via Card)

• If you funded the crypto transaction using a bank card, you may be eligible for a chargeback.
• Chargeback requests are typically accepted within 120 to 540 days from the transaction date.

3️⃣ Track the Transaction on Blockchain

• Experts can analyze blockchain movements to determine where the funds were sent and whether they passed through regulated exchanges.

4️⃣ Legal Action & Reports

• If the scammer used an exchange with AML/KYC policies, a legal request can be sent to freeze the assets.
• Law enforcement agencies and financial regulators can also assist in freezing and recovering funds.

How Chargebacks Can Help

A chargeback is a process that allows you to dispute a fraudulent transaction and request a refund from your bank or payment provider.

Chargebacks are effective in cases of:
🔹 Unauthorized or fraudulent transactions.
🔹 Payments for goods or services that were never delivered.
🔹 Funds lost to investment scams or fraudulent brokers.

Note: Chargebacks only apply to payments made via bank cards or payment systems. Direct crypto transfers to personal wallets are not eligible.

Common Cryptocurrency Fraud Schemes

🚨 Fake Investment Projects – Scammers promise high returns but disappear with your money.
🚨 Fake Online Stores – You pay in crypto, but the seller never delivers the product.
🚨 Account Hacks – Fraudsters gain access to your wallet and steal funds.
🚨 Ponzi Schemes – New investors’ money is used to pay fake returns to earlier investors.
🚨 Mining Equipment Scams – Companies promise mining profits but disappear after receiving payments.

Why You Should Seek Professional Assistance

🔹 Banks often reject chargeback requests due to incomplete documentation. Our lawyers know how to file a legally sound claim.
🔹 Time & Effort Saving – No need to navigate complex legal procedures alone.
🔹 No Upfront Fees – We charge for our services only after a successful recovery.

Frequently Asked Questions

❓ What transactions qualify for a chargeback?
Any fraudulent or unauthorized payments made via bank card or payment system.

❓ How long does the process take?
Chargeback procedures typically take up to 60 days, while legal cases may take longer.

❓ What are the chances of success?
Working with legal professionals significantly increases your chances of recovery. Our team provides case evaluation, document preparation, and a structured action plan.

Get Professional Assistance Today

If you have fallen victim to crypto fraud, do not delay action. Contact Wise Way Legal for expert guidance and maximize your chances of recovering your funds.